Delta Close to Bankruptcy
Delta Air Lines Inc could file for Chapter 11 Bankruptcy protection imminently according to an anonymous industry informant.
One of Orlando International Airport's major carriers, Delta has suffered from the general downturn in flights following 9/11, soaring fuel costs over the last year and the continuing rise of the no-frills airlines. If it does happen, it has been long expected and predicted.
Posted on 14 September 2005
